UFlex FY25 revenue hits INR 15,184-crore
UFlex saw INR 15,184-crore revenue and 10.3% film volume growth in FY25, with strong investments in aseptic packaging, recycling, and international capacity expansion.
22 May 2025 | By WhatPackaging? Team
UFlex Limited, India’s largest integrated flexible packaging company, reported consolidated revenue of INR 15,184-crore for FY25, marking a 12.4% year-on-year rise. This growth was driven by strong sales performance, including a 10.3% increase in packaging film sales volume to 503,153-metric tonnes (mt).
The company’s EBITDA rose 18.1% year-on-year to INR 1,902-crore, with margins improving to 12.5%. profit after tax surged by 77.5% to INR 320-crore, supported by improved operating efficiency and currency-related adjustments.
“FY25 was a landmark year for UFlex,” said Ashok Chaturvedi, chairman and managing director. “It was marked by strategic global expansion and a greater push toward sustainable solutions and recycling.”
In India, UFlex will set up two advanced recycling plants in Noida with a total capacity of 39,600-metric tonnes per annum (mtpa) — 36,000-mtpa for post-consumer recycled PET bottles and 3,600-mtpa for multi-layer plastic (MLP) waste.
To expand aseptic packaging, UFlex is close to completing a debottlenecking project at its Sanand plant, which will boost annual production from seven-billion to 12-billion packs, supported by a INR 202.6-crore capital expenditure. The new lines are expected to become operational in Q1 FY26.
Internationally, the company is investing USD 50-million in a woven polypropylene bag facility in Mexico with an 80-million bags per annum capacity to serve pet food markets in the Americas.
UFlex also commissioned an 18,000-mtpa cast polypropylene line, raising the Commonwealth of Independent States plant capacity to 48,000-mtpa, up from 30,000-mtpa. Additionally, INR 317.1-crore is being invested to scale up PCR PET chip capacity to 79,020-mtpa and MLP recycling to 34,897-mtpa.
India remained UFlex’s largest revenue contributor at 46.1%, followed by the Americas (18.4%) and Europe (17.4%). According to Rajesh Bhatia, group president and chief financial officer, “We are on track for strong value creation in FY26, supported by our new facilities and deep commitment to sustainability.”